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EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis: An Altcoin Colosseum, The “Fittest” Survives

Perhaps a stand out is IOTA which despite news of IOTA Hub, addition of new personnel together and prospects of Qubic continues to dump down. Week over week, IOTA is down 18 percent and trending below 2018 lows. Others as EOS, Litecoin and Stellar…
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Ethereum (ETH) Technical Analysis: Ethereum (ETH) Enters the Seventh Month of A Correction

On a weekly basis, ETH is down 10 percent and this is contrary to the fundamentals that are overly supportive of Ethereum (ETH). Remember, not only are there new developments as Mokens launching and implementing new ERC standards but the approval…
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Bitcoin (BTC) Technical Analysis: Star Bucks Yet To Accept Bitcoin Payments

Regardless of all these strong fundamentals ranging from CoinBase custodial services to Star Buck “acceptance of Bitcoin” via International Exchange, Bitcoin (BTC) isn’t finding any support. As a matter of fact, it looks likely that sellers…
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Bitcoin Price Weekly Analysis: BTC/USD Remains Sell on Rallies

Key Points Bitcoin price declined below $7,260 and moved into a bearish zone against the US Dollar. There is a major bearish trend line formed with resistance at $7,320 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair…
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XRP Technical Analysis Weekend Recap: Re-Focus on XRP, 3 Bullish Reasons Why

If we may ask a legitimate question, what is draining crypto valuation and XRP in particular? With every new low, there is saturation of theories—flimsy and authoritative. No matter the explanation, it doesn’t really matter because at the…
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Ethereum Price Analysis: ETH/USD Under Pressure Near $400

Key Highlights ETH price declined sharply and spiked below the $400 support area against the US Dollar. There is a major declining channel in place with resistance at $410 on the hourly chart of ETH/USD (data feed via Kraken). The pair is placed…
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Ripple Price Analysis: XRP/USD’s Buy Zone Near $0.4350

Key Highlights Ripple price held the $0.4270 support and recovered nicely against the US dollar. There is a short-term connecting bullish trend line in place with support at $0.4370 on the hourly chart of the XRP/USD pair (data source from…
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Cardano Price Analysis: ADA/USD Signaling More Declines

Key Highlights ADA price is under pressure as it moved below the $0.1550 support area against the US Dollar (tethered). There is a major bearish trend line in place with resistance at $0.1420 on the hourly chart of the ADA/USD pair (data feed…
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EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis: Sellers Wipe $10 Billion in 24 Hours

It is an across the board altcoins erosion with EOS registering a five percent drop yesterday. While there are hopes for buyers, we need to see rejection of lower lows especially in IOTA, EOS and XLM which is technically bullish. Before then,…
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Bitcoin (BTC) Technical Analysis: SEC’s Bitcoin ETF Rejection Tempering Bulls

SEC is taking a cautious stand and while Bitcoin (BTC) traders digest the news, it did register decent gains. In the last week for example, it’s up 10 percent adding to week ending July 22 buy demand. This recovery is likely opening up doors…